$USDC USDC, or USD Coin, is a stablecoin cryptocurrency that's pegged to the US dollar, maintaining a stable value. It's developed by Circle and launched in September 2018. Here are some key details about USDC¹:

- *Current Price*: $1.00, with negligible price changes

- *Market Capitalization*: $61.51 billion

- *Circulation*: Over $60 billion in circulation, with $26 trillion in all-time volume

- *Backing*: Fully backed by highly liquid cash and cash-equivalent assets, redeemable 1:1 for US dollars

- *Blockchain Support*: Available on 21 blockchain networks, including Ethereum, Solana, and Polygon PoS

- *Regulation*: Regulated by various authorities, including the NYDFS and Bermuda Monetary Authority

- *Auditing*: Audited by Deloitte & Touche LLP since fiscal year 2022

USDC is designed for rapid global payments and 24/7 financial markets, offering near-instant, low-cost transactions. It's trusted by millions worldwide and used by thousands of companies.² ³